Amundi’s latest weekly note suggests 2026 has shifted into a regime of what they call “controlled disorder,” where geopolitics is no longer background noise but an active market driver.
- The report highlights how the Middle East conflict triggered a sharp rise in energy prices, pushing equities lower and bond yields higher across regions.
- Interestingly, markets are currently more focused on inflation risks than growth risks, pricing in aggressive central bank responses—even as underlying growth may deteriorate if energy prices stay elevated.
- Performance has diverged: Europe, Japan, and parts of emerging markets have held up better than the U.S., particularly among energy-importing economies that were already stretched.
The takeaway is subtle: this is no longer a synchronized market. It is a fragmented one, where geography matters again.
Dit artikel verder lezen?
Abonneer en krijg toegang tot Investment Officer Nederland:
- Exclusief voor professionele beleggers
- Altijd opzegbaar
- Onbeperkt toegang: web, app, nieuwsbrieven en events
Registreer gratis en krijg toegang tot Investment Officer België:
- Exclusief voor professionele beleggers
- Altijd opzegbaar
- Onbeperkt toegang: web, app, nieuwsbrieven en events
Registreren duurt minder dan 1 minuut.
Geen betaalgegevens vereist
